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Personal Bankruptcy: The Credit Research Center Report on Debtors' Ability To Pay

GGD-98-47 Published: Feb 09, 1998. Publicly Released: Feb 09, 1998.
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Highlights

Pursuant to a congressional request, GAO reviewed the Credit Research Center report on personal bankruptcies, focusing on the report's research methodology and formula for estimating the income that debtors have available to pay debts.

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BankruptcyDebtDebt collectionFinancial analysisFinancial managementIncome statisticsPayPersonal liability (legal)Statistical methodsStudent loan repayment program